IWB vs VOO: Complete Comparison

iShares Russell 1000 ETF vs Vanguard S&P 500 ETF โ€” overlap, correlation, performance & risk analysis

Holdings Overlap
88.40%
Very High Overlap
Shared Holdings
439 of 462
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

IWB
VOO
88.4%
IWB Only
Overlap
VOO Only

Price Performance

Historical price comparison over 3M

IWB Return
+8.28%
VOO Return
+8.55%
Winner
VOO
+0.27%
Max Drawdown
IWB: -5.2%
VOO: -5.1%
IWB Volatility (annualized)11.54%
VOO Volatility (annualized)11.37%

๐Ÿ“ˆ Comparison

Metric
IWB
VOO
1 Year Return
+25.5%
+26.5%โœ“
3 Year Return
+9.8%
+10.2%
5 Year Return
+15.2%
+15.8%โœ“
Volatility
18.80%
18.20%โœ“
Expense Ratio
0.20%
0.03%โœ“
โš ๏ธ Past performance does not guarantee future results. Data may be delayed.

โš ๏ธRisk Metrics

Metric
IWB
VOO
Volatility
18.80%
18.20%โœ“
Sharpe Ratio
0.78
0.82
Sortino Ratio
1.05
1.15โœ“
Max Drawdown
-34.20%
-33.80%โœ“
Beta
1.01
1.00

Interpretation:

  • ๐Ÿ“Š Lower volatility = smoother ride
  • โšก Higher Sharpe/Sortino = better risk-adjusted returns
  • โš ๏ธ Smaller max drawdown = less worst-case pain
  • ๐Ÿ“ˆ Beta > 1 = more volatile than S&P 500

โš”๏ธ Comparison

5 - 6

๐Ÿ† VOO wins this comparison

Key Factors

๐Ÿ’ฐ Expense Ratio
IWB:0.20%โœ“
vs
VOO:0.03%โœ“
๐ŸŽฏ Number of Holdings
IWB:1,003 holdingsโœ“
vs
VOO:503 holdingsโœ“
๐Ÿ“ˆ 5-Year Return
IWB:+15.2%
vs
VOO:+15.8%
โ–ถAdditional Metrics (5)
โš–๏ธ Concentration Risk
IWB: 36.5% in top 10
VOO: 39.6% in top 10
๐Ÿ“Š Assets Under Management
IWB: $30B
VOO: $380B โœ“โœ“
โšก Sharpe Ratio
IWB: 0.78
VOO: 0.82
๐Ÿ“‰ Volatility
IWB: 18.8%
VOO: 18.2%
๐Ÿ” Uniqueness vs SPY
IWB: 19.7% uniqueโœ“
VOO: 18.4% unique

Bottom line: VOO wins with better expense ratio. Consider VOO for your portfolio, but IWB is still a solid choice if you prefer its specific advantages.

Detailed Overlap Analysis

439 shared holdings representing 88.4% portfolio overlap

Top Shared Holdings

#StockIWB WeightVOO WeightOverlap
1
NVDA
NVDA
6.89%7.37%6.89%
2
AAPL
AAPL
6.43%7.07%6.43%
3
MSFT
MSFT
5.78%6.24%5.78%
4
AMZN
AMZN
3.45%3.86%3.45%
5
AVGO
AVGO
2.94%3.24%2.94%
6
GOOGL
GOOGL
2.89%3.18%2.89%
7
GOOG
GOOG
2.36%2.55%2.36%
8
META
META
2.31%2.40%2.31%
9
TSLA
TSLA
1.96%2.06%1.96%
10
BRK-B
BRK-B
1.46%1.61%1.46%

Overlap by Sector

Technology
13 stocks ยท 30.75% overlap
Other
363 stocks ยท 22.37% overlap
Consumer Discretionary
6 stocks ยท 5.97% overlap
Financials
10 stocks ยท 4.20% overlap
Healthcare
12 stocks ยท 4.15% overlap

Showing top 5 sectors by overlap contribution

439
Shared Stocks
88.4%
Total Overlap
5
Sectors Represented

Top Holdings Only in IWB

Unique to IWB

โ†Scroll horizontally to see all dataโ†’
SymbolNameWeight
SPOTSPOT0.28%
CRHCRH0.28%
AMGNAMGN0.27%
APHAPH0.27%
NEENEE0.26%

Top Holdings Only in VOO

Unique to VOO

โ†Scroll horizontally to see all dataโ†’
SymbolNameWeight
CC0.29%
NOWNOW0.29%
TJXTJX0.29%
MMMMMM0.16%
MMCMMC0.15%

Price Correlation

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = ฮฃ min(weightA, weightB) for each shared holding

Normalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).

Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.

๐Ÿ“Š This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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